For Donors in the UK
For donors in the United Kingdom, tax effective giving to IIMA is possible to IIMA via the tax incentives as available
under Gift Aid. Donations are also eligible for employer matching programs.
To avail of the tax benefits, donations should be sent to IIMA Alumni Association London, which is a registered charity with UK charities commission # 1117664 & HMRC Tax id: 922/XT3019. Further details on Gift Aid, including latest tax relief rates is available on: https://www.gov.uk/donating-to-charity/gift-aid
To avail of the tax benefits, donations should be sent to IIMA Alumni Association London, which is a registered charity with UK charities commission # 1117664 & HMRC Tax id: 922/XT3019. Further details on Gift Aid, including latest tax relief rates is available on: https://www.gov.uk/donating-to-charity/gift-aid
Funds can be transferred to IIMA Alumni Association London as below:
- Bank Transfer
| Sr No | Field Name | Details |
|---|---|---|
| 1) | Account Number | 76231759 |
| 2) | Bank’s Name & Address | ICICI Bank UK Plc 45 South Road, Southall UB1 1SWA |
| 3) | Bank Sort Code | 30-01-28 |
| 4) | Remittance Comments (if provided by bank) | “(Purpose of the donation)” |
After the online payment, please inform Mr. Kaushik Suresh (kaushik.s1988@gmail.com) and Mr. Sanchay Singla
(sanchay.singla@gmail.com ) with a copy to endowment@iima.ac.in
and
dean-aer@iima.ac.in mentioning the purpose
of the donation, fullname and mailing address. If possible, please attach a screenshot of the transfer.
The receipt will be issued once funds have been received.
The UK chapter will be sending out a Gift Aid form, which the donor is requested to complete and send back to the UK
Chapter. This will help the charity claim tax incentives from the HMRC.
Disclaimer: Taxation details should be run past tax advisors in your local jurisdiction as needed.
Note: Please do not remit funds from NRO / NRE a/c’s.